Interested in purchasing investment houses in the 48505 zip code in Flint, MI?
The zip code 48505 is in Genesee county with a latitude of -83.687480000000 and longitude of 43.070410000000, is in the state of Michigan. The average asking price of houses and condos is $32,853.00 and the average sale price was $36,325.00. this regions is classified as the Flint - Saginaw metro area and is in the 810 area code. The location in degrees is 43° 4' 13.476" N, 83° 41' 14.928" W. The county F.I.P.S. is 26049. This zip code contains two cities including Flint, MI (57.82%), and Beecher, MI (23.31%) The total land area is 12.6 square miles and the water area is 0.4 square miles. The elevation in this area is 748 - 778 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48505 is in county number 049 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 20,548 in 2019 and 25,710 in 2010. Of this, the break down in 2019 was 20,542 urban and 5 rural. This further breaks down to 9,717 males (47.3%) and 10,831 females (52.7%). The median age of residents is 35.0 years. The population of the greater Flint, MI area is 424,800. The population density (people per square mile) is 1,636. This zip code has a combined total of 12,829 houses and condos. There are 3,844 rented appartments. 46% of residents rent versus the 46% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $19,964 and the average salary is $15,965. The median household income of individuals is $26,387.00 and the average is $22,820.00. This zip code has a mean commute time to work of 24.3 minutes. The unemployment rate is 21.2%. Income earners by percent breakdown as 73.60% (Under $50,000), 19.00% ($50,000-$100,000), and 7.40% earn over $100,000. 38.4% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 78.6. The educational breakdown is 81.3% have a high school education or higher, 7.8% have a bachelor's degree or higher, and 2.3% have some kind of profesional degree.
This area has 9,612 households and the average size is 2.4 people. Individuals who are single and have never been married are 56.4%, 20.5% are now married, 3.1% are separated, 5.8% are widowed, and 14.2% are divorced. The average yearly contribution amount given by people to charity was $5,140 versus the state average of $4,225. The percent of residents who gave to charity was 5.9%.
The estimated median value of houses and condos is $24,879. The median monthly owner costs of mortgage holders was $864, where as the costs for those who don't have a mortgage are $387. The median number of rooms in houses and condos are 5.6 versus apartments which had a median number of 5.2.
The real estate tax percent rate is 3.0% which equated to an average real estate tax amount payment of $751. In comparision, the average real estate tax percent rate in the state is 1.4% which equated to an average real estate tax amount payment in the state of $2,455. The median housing property tax percent for residents with mortgages was 2.7% which amounted to an average tax amount of $976. Conversely, the median housing property tax percent for residents who don't have mortgages was 3.2% which amounted to an average tax amount of $698. Reported taxable interest for persons was $498, dividends $841, and itemized deductions $14,321. The average earned income tax credit is $2,957. The percent of individuals that use a tax preparer is 58.0%. The total average income taxes paid by individuals was $3,165. Businesses reported an average profit of $7,626.
Cracker Barrel Old Country Store
4140 Pier North Blvd, Flint, MI 48504 (2.5 miles away)
Raspberries Rhythm Bar and Grill
448 S Saginaw St, Flint, MI 48502 (3.3 miles away)
Angelo's Coney Island Palace
1807 N Franklin Ave, Flint, MI 48506 (3.5 miles away)
Smokin' Aces BBQ
7094 N Saginaw Rd, Mount Morris, MI 48458 (3.7 miles away)
Classic Coney Island
7471 N Genesee Rd, Genesee, MI 48437 (5.5 miles away)
Thai Nation Bistro
5006 Lapeer Rd, Burton, MI 48509 (5.5 miles away)
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